Assets under management grew by $31.6 billion or 28.2% year over year, and increased 18.2% in the month of October, largely reflecting the acquisition of Sentry Investments Corp., which was completed on October 2. Total assets gained $36.4 billion or 24.4% for the 12-month period and grew by 14.3% in the month of October.

CI's average assets under management for the quarter-to-date were $141.2 billion, versus $120.3 billion for the third quarter of 2017. Average assets under management for the year-to-date were $122.9 billion, a gain of $12.0 billion or 10.8% from the average for fiscal 2016.

CI reported assets under advisement at Assante Wealth Management (Canada) Ltd. and Stonegate Private Counsel of $42.0 billion at October 31, 2017, representing an increase of $4.8 billion or 12.9% year over year.

On November 1, CI announced it has completed its acquisition of BBS Securities Inc. and associated entities. This acquisition includes Pario Technology Corp., a financial technology company, and Virtual Brokers, a top-ranked online brokerage.

CI is scheduled to release its financial results for the third quarter of 2017 on November 9, 2017 on CNW Group and www.cifinancial.com.

Additional information about CI's assets and financial position can be found below in the tables of statistics and on its website, www.cifinancial.com, in the Statistics section. These are the only statistics authorized by CI and CI takes no responsibility for reporting by any external sources.

CI FINANCIAL CORP.

October 31, 2017

PRELIMINARY MONTH-END STATISTICS

ENDING ASSETS

Oct. 31/17(billions)

Sept. 30/17 (billions)

%Change

Oct. 31/16 (billions)

%Change

Assets under management

$143.8

$121.7

18.2%

$112.2

28.2%

Assets under advisement*

42.0

40.8

2.9%

37.2

12.9%

TOTAL

$185.8

$162.5

14.3%

$149.4

24.4%

MONTHLY AVERAGE

ASSETS UNDER MANAGEMENT

Oct. 31/17

(billions)

Sept. 30/17

(billions)

%

Change

Monthly average

$141.2

$120.0

17.7%

FISCAL QUARTER AVERAGE

ASSETS UNDER MANAGEMENT

Ending Oct. 31/17

(billions)

Ending Sept. 30/17

(billions)

%

Change

Fiscal quarter average

$141.2

$120.3

17.4%

FISCAL YEAR AVERAGE

ASSETS UNDER MANAGEMENT

Ending Oct. 31/17

(billions)

Fiscal 2016

(billions)

%

Change

Fiscal year average

$122.9

$110.9

10.8%

EQUITY

FINANCIAL POSITION

(millions)

Total outstanding shares

274,943,493

Debt outstanding

$1,198

QTD weighted avg. shares

274,727,866

Net debt outstanding

$925

Current Yield

4.9%

Terminal redemption value of funds

$431

* Includes assets managed by CI and held by clients of advisors with Assante and Stonegate Private Counsel.